Today, the FOMC rate cut decision will be released at 2pm ET.
The market is expecting a rate pause at this meeting, so it won't impact the market much.
What's even more important is Powell's speech and the Fed's language.
The job market is still very weak, but inflation has started to run hot due to the US-Iran war
The market is expecting a rate pause at this meeting, so it won't impact the market much.
What's even more important is Powell's speech and the Fed's language.
The job market is still very weak, but inflation has started to run hot due to the US-Iran war
❤3
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BTC still has strong liquidity sitting above the 80,000 level.
Funding is deeply negative, so price can still push up and tap that zone first.
After that, a lot of long liquidity is sitting below between 66,000 and 75,000.
That means upside grab first, then possible downside move.
Keep an eye on both levels.
Funding is deeply negative, so price can still push up and tap that zone first.
After that, a lot of long liquidity is sitting below between 66,000 and 75,000.
That means upside grab first, then possible downside move.
Keep an eye on both levels.
❤3
(US) FOMC Policy Interest Rate
Previous: 3.50-3.75%
Forecast: 3.50-3.75%
Result: 3.50-3.75%
Previous: 3.50-3.75%
Forecast: 3.50-3.75%
Result: 3.50-3.75%
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A lawsuit has been filed against a bank executive over serious misconduct allegations.
The case includes claims of abuse of power and coercion involving a junior employee.
It is also alleged the bank was aware of the situation and failed to act.
These are allegations at this stage and the case is developing.
The case includes claims of abuse of power and coercion involving a junior employee.
It is also alleged the bank was aware of the situation and failed to act.
These are allegations at this stage and the case is developing.
🔥5❤1
Old Ethereum wallets are getting drained after years of inactivity.
Funds from multiple wallets were moved into a single address.
Losses are small compared to market size, so price is holding steady.
This is not a network issue or smart contract bug.
Looks like weak old wallet
security is being exploited.
If you have old wallets, this is a clear warning to secure or move them.
Funds from multiple wallets were moved into a single address.
Losses are small compared to market size, so price is holding steady.
This is not a network issue or smart contract bug.
Looks like weak old wallet
security is being exploited.
If you have old wallets, this is a clear warning to secure or move them.